In the cryptocurrency market, $1 billion worth of LONG trades were liquidated in the last 4 hours...The largest liquidations occurred in $BTC and $ETH . Bitcoin's drop to $78,000 was very devastating for those who opened LONG trades... #Ethereum #Crypto #Bearish
#BTC gave a shallow break and now flipped, eventually turning it into a fakeout. Price had a strong drop, flipping below the intermediate again. Price action looks messy at this point. more tends to be #bearish now. Have to wait for the breakout confirmation. #crypto
#BTC gave a shallow break and now flipped, eventually turning it into a fakeout. Price had a strong drop, flipping below the intermediate again. Price action looks messy at this point. more tends to be #bearish now. Have to wait for the breakout confirmation. #crypto
In a bear market the clearest sign is dollar index When DXY is bullish, Stocks, Gold, Currency and Crypto will be bearish Right now DXY is bearish towards 92 at a minimum #bearish